Indef Manufacturing Ltd
- Market Cap ₹ 775 Cr.
- Current Price ₹ 242
- High / Low ₹ 473 / 207
- Stock P/E 29.2
- Book Value ₹ 85.1
- Dividend Yield 0.83 %
- ROCE 10.8 %
- ROE 10.1 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Tax rate seems low
- Company has a low return on equity of 12.2% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Industrial Manufacturing Industrial Products
Part of BSE Industrials
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 0 | 180 | 177 | 196 | |
| 0 | 150 | 146 | 170 | |
| Operating Profit | -0 | 29 | 31 | 26 |
| OPM % | 11% | 16% | 17% | 13% |
| 0 | 13 | 17 | 8 | |
| Interest | 0 | 1 | 0 | 0 |
| Depreciation | 0 | 4 | 5 | 6 |
| Profit before tax | -0 | 38 | 42 | 28 |
| Tax % | 0% | 28% | 19% | 6% |
| -0 | 27 | 34 | 26 | |
| EPS in Rs | 10.70 | 8.14 | ||
| Dividend Payout % | 0% | 0% | 0% | 25% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 11% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 1284% |
| TTM: | -23% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -47% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 12% |
| Last Year: | 10% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Equity Capital | 0.01 | 3 | 3 | 3 |
| Reserves | -0 | 216 | 250 | 269 |
| 0 | 5 | 4 | 2 | |
| 0 | 53 | 44 | 51 | |
| Total Liabilities | 0 | 277 | 301 | 326 |
| 0 | 34 | 35 | 35 | |
| CWIP | 0 | 0 | 2 | 0 |
| Investments | 0 | 181 | 199 | 215 |
| 0 | 63 | 65 | 75 | |
| Total Assets | 0 | 277 | 301 | 326 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| -0 | 29 | 5 | 32 | |
| 0 | -31 | -10 | -25 | |
| 0 | -2 | -2 | -8 | |
| Net Cash Flow | 0 | -3 | -7 | -2 |
| Free Cash Flow | -0 | 27 | -3 | 28 |
| CFO/OP | 100% | 114% | 34% | 151% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Debtor Days | 40 | 64 | 48 | |
| Inventory Days | 83 | 87 | 93 | |
| Days Payable | 84 | 87 | 95 | |
| Cash Conversion Cycle | 39 | 64 | 46 | |
| Working Capital Days | 6 | 51 | 44 | |
| ROCE % | 34% | 18% | 11% |
Insights
In beta| Mar 2024 | Mar 2025 | |
|---|---|---|
| Brands marketed count |
|
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| Cranes revenue share % of Sale of Products |
||
| Export earnings (Foreign Exchange Earnings) Rs. in Lakhs |
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| Hoists & related products revenue share % of Sale of Products |
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| Spares revenue share % of Sale of Products |
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| Manufacturing plants count |
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| Permanent employees on rolls count |
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| Regional sales offices count |
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Extracted by Screener AI
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
6 Jul - Regulation 74(5) confirmation certificate submitted for quarter ended June 30, 2026.
- Closure of Trading Window 26 Jun
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
26 May - Indef Manufacturing filed its FY26 Annual Secretarial Compliance Report on May 26, 2026; no non-compliances observed.
-
Corporate Action-Board approves Dividend
25 May - Board approved FY26 audited results, recommended Rs.2 dividend, fixed AGM on Aug 12, 2026.
-
Record Date For Dividend And AGM
25 May - Record date fixed for final dividend and AGM eligibility on August 5, 2026; AGM on August 12, 2026.
Product Categories:
a) EOT Cranes[1]
b) Manual Hoists[2]
c) Storage and Retrieval[3]
d) Wire Rope Hoist[4]
e) Material Handling[5]
f) Electric Chain Hoists[6]
g) Ergonomic Handling Solutions[7]
h) Overhead Crane[8]